Droneshield says tests prove its drone-shooting guns are safe for human use
Droneshield’s drone-killing devices have been deemed safe for human exposure — opening the government market wider.
Droneshield (ASX:DRO) is one of a number of ASX companies in the “drone countermeasure” space developing tools to monitor threatening airborne units and knock them from the sky if needed.
The tech play recently won its fist significant contract though some of its products — like the DroneGun MKII — have yet to be cleared by authorities for in regions such as the US.
On Wednesday, Droneshield told investors its DroneGun Tactical product had been cleared by the Australian and New Zealand Communications and Media authority in tests that confirmed it meets requirements for human exposure to radio frequencies.
These tests are a common requirement for international defence procurement agencies and had been requested by a number of potential buyers, Droneshield said.
Passing the test will move the business closer to new deals with government agencies for the products, according to management.
The company has had a somewhat bumpy 12 months on the market — close to 20 per cent down on last July’s price to sit at 18.5c on Wednesday.
In the March quarter, it brought in $35,708 from customers and burned just over $1 million. At that point, it had $3.7 million in the kitty.